HomeMy WebLinkAbout2020-226-04-06-2020 (RESCINDED) Resolution rescinded July 13, 2020 by Resolution No. 2020-524 due to changing terms of
development agreement and adding property to agreement.
Prepared LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo,
IA 50703, (319) 291-4323.
RESOLUTION NO. 2020-226
RESOLUTION APPROVING AN AMENDMENT TO THE
DEVELOPMENT AND MINIMUM ASSESSMENT
AGREEMENT WITH DOLLY JAMES 2, LLC, AND HI YIELD,
LLC, ORIGINALLY APPROVED ON SEPTEMBER 8, 2015, TO
RE-ASSIGN THE AGREEMENT TO 6 COMM PROPERTIES,
LLC, ADJUSTING COMPLETION AND MINIMUM
ASSESSMENT AGREEMENT DATES AND INCLUDE
ADDITIONAL PROPERTY WITHIN THE PROJECT AREA,
AND AUTHORIZING THE MAYOR AND CITY CLERK TO
EXECUTE SAID DOCUMENT.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA
that the Development and Minimum Assessment Agreement, originally executed September 8,
2015, between Dolly James 2, LLC, Hi Yield, LLC and the City of Waterloo, Iowa, to re-assign
the Agreement to 6 Comm Properties, LLC, adjusting Completion and Minimum Assessment
Agreement dates and including additional property within the project area, be amended and
approved, and authorizing the Mayor and City Clerk to execute said documents on behalf of the
City of Waterloo, Iowa.
PASSED AND ADOPTED this 6th day of April 2020.
uentin Hart, Mayor
ATTEST: %
Kelley Felch
City Clerk
i
CERTIFICATE
I, Kelley Felchle, City Clerk of the City of Waterloo, Iowa, do hereby certify that the
preceding is a true and complete copy of Resolution No. 2020-226 as passed and adopted by the
City Council of the City of Waterloo, Iowa, on the 6th day of April 2020.
Witness my hand and seal of office this 6th day of April 2020.
Kelley Felchle
City Clerk
SEAL